Monday, December 16: Technical Analysis and Trading Suggestions for Bitcoin:

The four-hour K-line of Bitcoin shows a continuous upward trend with bullish candles, and the market is in a slow rising channel. Although the overall trend is approaching an overbought state, it has not fully broken through yet; it is just one step away. In the trading process, personal subjective judgments and speculations must be excluded. The proper and correct response strategy is to trade in line with the market trend, closely following the market rhythm. Currently, the dominant market sentiment is still bullish. Before a trend reversal occurs, every pullback presents a good opportunity to enter bullish positions.

In the morning session, attention should be paid to the pressure level above Bitcoin, which is primarily focused at 105,000. If this level is successfully broken, the next target can further look towards 106,000. The support level below is at 102,400. If the four-hour K-line closes below this support level, a pullback trend will begin at the four-hour level, with expected pullback targets at 101,500 and 100,000.

Recommendations:

For Bitcoin, consider buying around 103,500-103,900,

looking towards closing around 106,000-106,400.

For Ethereum, consider buying around 3,880-3,920,

looking towards closing around 4,050-4,100.